Contract Manufacturing for OEM CFOS
June 04, 2021
The COVID-19 pandemic exposed supply vulnerabilities and challenged OEMs to explore new products and sales channels. For some, the crisis served as a turning point for change, prompting leadership teams to evaluate manufacturing models and product portfolios.
If ever there were a time to reimagine supply chains, this is that moment. Contract manufacturing, also known as outsourced manufacturing, is one type of supply chain link. It takes many forms. CFOs and finance teams must be ready to support their organizations in outsourcing decisions.